SEED BuyersGuide 2022*

SEED BuyersGuide 2022*

Hello!

We’re excited you’ve decided to make Austin your home! We’ve put together this guide to help you figure out where you fit in to the smallest big city in Texas. We’ve included essentials to help you get the lay of the land in addition to some fun tidbits that make Austin the spirited community it is. In a city where there are almost as many music festivals as margaritas, get ready for sunshine and friendly folks. So settle in, find yourself a place to call home and think about investing in one of those reflective sunshades for your window shield. During this crisis and beyond, we’re right by your side to support you in any way you need. Welcome to Austin— we’re glad you’re here.

Love, Your Friends @ SEED

SEED Property Group

How to: buy a house virtually Especially in these times, we take our responsibility to provide you with the best guidance possible very seriously. We’re currently in one of the strongest Seller's Markets we have ever had and we want to make sure you’re prepared and comfortable to shop for homes safely . During this crisis and beyond, we’re right by your side to support you in any way you need.

Virtual Consult We will sche d ule a virtual appointment to looking for and make a game plan. Home Favorites We will email you listings matching your criteria the moment they hit the market. Virtual Tours You will take virtual video tours of any home that may interest you. Electronic Signature You will sign all documents electronically, from the comfort of your home. Inspection Our inspectors will send you a 40+ page Inspection Report with detailed photos and descriptions, so you’ll get to know every inch of the property

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Uniquely Austin You may know that Austin is the Live Music Capital of the World, but did you know that Janis Joplin got her start at Threadgill’s? Did you know the “Keep Austin Weird” slogan was adopted to promote small businesses?

Here’s a look at what else makes Austin the vibrant, exciting city it is:

Waterloo: The original name given to Austin before it was renamed for Stephen F. Austin in 1839 (that’s why there are so many things named “Waterloo”).

Sun: Austin typically gets 300 days of sunshine a year.

Barton Springs: A 3-acre natural spring fed pool in the heart of the city with $3 admission and 70 degree water year round.

Bats: Austin has largest urban bat population in North America.

Whole Foods: It all started here.

Breakfast tacos: Everyone eats them; everyone loves them.

Alamo Drafthouse: This did, too.

Food trucks: A few taco carts in the 1990s launched the phenomenon that now includes over 2,000 food trucks operating in Austin.

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Pronunciation guide

Guadalupe: Gwad-a-LOOP Manor: MAY-nor Manchaca: MAN-chack

One of the quickest ways to show someone you’re new to the city is to flub the pronunciation of an Austin street. While we aren’t responsible for the Austin vernacular, here are the most common mispronunciations and how to say them around here:

Burnet: BURN-it Koenig: KAY-nig Mueller: Miller

(But so many people call it MEW-ler that either one is acceptable)

Other confusing matters

Lady Bird Lake: also known as Town Lake to longtime residents, which is actually a reservoir on the Colorado River. MoPac: Road signs call it Loop 1 (although, to confuse matters, it isn’t an actual loop); a freeway named after the Missouri Pacific Railroad that provides access to the west side of Austin.

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The all important questions

What type of home fits your lifestyle?

In Austin you’ll find a range of housing options—from single-family homes in historic neighborhoods to new construction in the hill country to modern high rise condos downtown. How much space do you need? The closer you are to heart of downtown Austin, the higher the price per square foot for standard dwellings. If living in Central Austin is a must, the amount of space available is directly related to budget. Where do you need to be first thing in the morning, and how do you want to get there? If you haven’t experienced I-35 or other gridlock around Austin, consider yourself lucky. If you have, there’s good news: Austin is expanding its public transportation options, which includes Capital Metro (bus), Commuter Rail and RideShare programs. Are schools a factor in your decision-making process? In this city you find nationally-ranked public schools, charter schools, private institutions, home school co-ops and Montessori schools. In addition, Austin is an excellent place for higher education as home to the University of Texas and St. Edwards University.

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Where to look Let’s break it down: central, north, south, east, and west.

Central Austin Central Austin offers Austin’s oldest neighborhoods (some historic) along with downtown high-rises. Home to the University of Texas, the state capital, and the Shoal Creek hike and bike trail. North Austin North Austin is home to many of Austin’s high tech employers as well as new mixed use shopping and entertainment destinations like the Domain. South Austin South Austin and the iconic South Congress district is known for its easy-breezy ebb and flow, live music, lively restaurants and bars.

East Austin East Austin has been experiencing a hip and cool gentrification for the past 20 years and is home to a vibrant art scene along with an array of eclectic and cool bars and restaurants. West Austin West Austin, hills and lots of trees along with Lake Austin and some of the city’s most impressive views and most expensive real estate.

S +roperty roup

Budget Examples of what your price range will buy all around Austin.

1 Figure out what you need. 2 Choose a local know-it-all Realtor ® . How to buy a home in Austin In Austin, we benefit from a healthy real estate market, which also means, a highly competitive market for buyers in the more sought after neighborhoods. At SEED, we help our buyers succeed by educating them and preparing them for the home buying process. Here is a very quick version of how it all unfolds.

3 Set up your budget. 4 Apply for financing. 5 Pick your area. 6 Tour properties. 7 Make an offer. 8 Execute a contract. 9 Inspect the home. 10 Close the deal.

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Be a power buyer The property listed for sale doesn’t always go to the highest bidder. In a competitive market like Austin’s, SEED agents use the following strategies to market you as the best potential buyer:

1 Full pre-approval “Lending Packages” (versus traditional “Pre-Qualified” letters) to help you compete with cash buyers (Available through our preferred lenders)

2 Crafting strong purchase offers (including option periods and contingency clauses) 3 Home inspection and repair negotiation

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Renting Leasing is sometimes a great option when you first arrive to town. Here’s look at rental prices and what you can expect.

Condos and Apartments

Downtown | High Rise Apartment Views, Walk to Everything 2 BD | 2 BA | 1,103 SQ FT | $3,600/Month

East Austin | Condo 10 min. to Downtown 1 BD | 1 BA | 872 SQ FT | $1,450/Month

Central Austin | Garage Apartment 10 min. to Downtown 1 BD | 1 BA | 900 SQ FT | $2,700/Month

West Austin | Three-Story Condo-Furnished 15 min. to Downtown 2 BD | 3 BA | 2,390 SQ FT | $4,250/Month

South Austin | New Constuction Condo 15 min. to Downtown 3 BD | 3 BA | 2,150 SQ FT | $3,700/Month

East Austin | Condo 10 min. to Downtown 2 BD | 2 BA | 1,100 SQ FT | $2,700/Month

Central Austin | Residential Apartment-Furnished 10 min. to Downtown 1 BD | 1 BA | 695 SQ FT | $1,700/Month

North Austin | Domain Apartment 25 min. to Downtown 1 BD | 1 BA | 1,091 SQ FT | $1,640/Month

Single Family Houses

East Austin | Vintage Cottage 10 min. to Downtown 2 BD | 1 BA | 800 SQ FT | $1,450/Month

Central Austin | Renovated Bungalow 10 min. to Downtown 4 BD | 2.5 BA | 2,300 SQ FT | $4,000/Month

North Central | Single Family Home 15 min. to Downtown 3 BD | 2.5 BA | 2,000 SQ FT | $2,200/Month

West Austin | Single Family Home A+ Schools, 25 min. to Downtown 3 BD | 4 BA | 2,556 SQ FT | $3,500/Month

East Austin | Renovated Bungalow 10 min. to Downtown 2 BD | 2 BA | 1,343 SQ FT | $3,250/Month

Central Austin | Modern Home - Furnished 10 min. to Downtown 3 BD | 3 BA | 2,095 SQ FT | $6,500/Month

South Suburbs | Single Family Home 30 min. to Downtown 3 BD | 3 BA | 1,843 SQ FT | $1,850/Month

South Austin | Popular Neighborhood 10 min. to Downtown 2 BD | 2 BA | 898 SQ FT | $2,100/Month